Cryptocurrency Market Update: Layer 2 TVL Steady at $9.39B, Bitcoin and Ethereum Show Minor Changes

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— 1 min read
Cryptocurrency Market Update: Layer 2 TVL Steady at $9.39B, Bitcoin and Ethereum Show Minor Changes

The cryptocurrency market remains in a state of flux, with nuanced shifts in key metrics. The Total Value Locked (TVL) on L2 Beat holds steady at $9.39 billion, showing no change from yesterday.

Examining the top-5 Layer 2 (L2) networks, we observe the following TVL figures:

  • Arbitrum: $2.87 billion, a decrease of 0.95% from the previous day.
  • Blast: $1.98 billion, down by 0.39%.
  • Base: $1.58 billion, up by 0.75%.
  • Optimism: $694.85 million, a slight decline of 0.16%.
  • Linea: $672.15 million, an increase of 1.61%.

Bitcoin (BTC) is currently priced at $64,280, a modest rise from yesterday's $64,077. Ethereum (ETH) shows a slight dip, priced at $3,503 compared to $3,518 yesterday.

Fundraising activity today is at a standstill with no new rounds reported. However, cumulative fundraising over the current week totals $65.95 million.

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